The Ministry of Finance issued the seventh and eighth series of savings bonds for the year 2025.
To raise fiscal funds to support the development of the national economy and social undertakings, the Ministry of Finance has decided to issue the 7th and 8th Savings Bonds of 2025. Both bonds are fixed-rate and fixed-term products. The 7th bond has a term of 3 years, with a coupon rate of 1.63% per annum and a maximum issue size of 22.5 billion yuan; the 8th bond has a term of 5 years, with a coupon rate of 1.7% per annum and a maximum issue size of 22.5 billion yuan. The issuance period for both bonds is from September 10 to September 19, 2025, with interest accruing from September 10, 2025, and interest being paid annually on September 10. The principal of the 7th and 8th bonds will be repaid on September 10, 2028, and September 10, 2030, respectively, along with the final interest payment. If the People's Bank of China adjusts the 3-year financial institution deposit benchmark interest rate before the issuance date, the bonds will be canceled. During the issuance period, if the People's Bank of China adjusts the 3-year financial institution deposit benchmark interest rate, the bonds will cease to be issued from the date of adjustment, and any unsold amount will be reclaimed and cancelled by the Ministry of Finance.
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